Seeking Alpha Author Victor Dergunov joins Cheddar to discuss his predictions for Netflix going into 2018. The streaming service reported 110 million subscribers last quarter, but how will the Disney / Fox deal impact its future growth? Dergunov says Disney's new streaming platform won't be competition for Netflix.
What Netflix doesn't have right now is a live aspect. Dergunov says it should happen as soon as next year, as long as the platform sees potential in that type of content. He does say Netflix has a lot of international momentum, and whether it starts a live component or not, it will have another stellar year.
Plus, will Netflix open a theme park just like Disney? Dergunov believes the company will stick to more of an online marketplace. However, he never says never and wouldn't be surprised if it's something Netflix explores in the coming years.
A Spanish government minister tells The Associated Press that Spain has sent a message with its recent crackdown on Airbnb.
President Donald Trump wants his “big, beautiful” bill of tax breaks and spending cuts on his desk to be singed into law by Independence Day. And he’s pushing the slow-rolling Senate to make it happen sooner rather than later. Trump met with Senate Majority Leader John Thune at the White House early this week and has been dialing senators for one-on-one chats, using both the carrot and stick to encourage them to act. But it’s still a long road ahead for the bill. Senators want to make changes to protect Medicaid and to make sure some tax breaks become permanent. Elon Musk called the whole bill a "disgusting abomination.”
The explosive growth of the data centers is eliciting some pushback.
The fate and fortunes of one of the world’s most powerful tech companies is now in the hands of a U.S. judge.
Wrench attacks, where crypto investors are hit with wrenches to give up passwords, are on the rise.
SpaceX has launched its Starship mega rocket again after back-to-back explosions.
A second cryptocurrency investor has surrendered to police in the alleged kidnapping and torture of a man inside an upscale Manhattan townhouse.
Salesforce is buying AI-powered cloud data management company Informatica in an approximately $8 billion deal.
For Novak Djokovic, this is a relatively easy call. He thinks the French Open is making a mistake by eschewing the electronic line-calling used at most big tennis tournaments and instead remaining old school by letting line judges decide whether serves or other shots land in or out.
A federal judge in Florida has rejected arguments made by an artificial intelligence company that its chatbots are protected by the First Amendment — at least for now.
